Al Jazeera·3 min read·medium
US stock market hits record high amid hopes for Strait of Hormuz reopening
J
John Power
✦AI Summary
US stock markets reached record highs as investors reacted to potential progress in reopening the Strait of Hormuz. Strong corporate earnings, particularly from Palantir Technologies, also contributed to the market rally.
Oil prices fall as US officials tout progress in talks to reopen critical waterway.
businesseconomyworld
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